Tongling Jingda Special Magnet Wire Dividend
Dividend criteria checks 4/6
Tongling Jingda Special Magnet Wire is a dividend paying company with a current yield of 2.8% that is well covered by earnings.
Key information
2.8%
Dividend yield
62%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.21 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
No updates
Recent updates
Analysts Have Just Cut Their Tongling Jingda Special Magnet Wire Co., Ltd. (SHSE:600577) Revenue Estimates By 12%
May 01These 4 Measures Indicate That Tongling Jingda Special Magnet Wire (SHSE:600577) Is Using Debt Reasonably Well
Apr 07Tongling Jingda Special Magnet Wire Co., Ltd.'s (SHSE:600577) Low P/E No Reason For Excitement
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600577's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600577's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tongling Jingda Special Magnet Wire Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600577) | 2.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (600577) | 3.5% |
Notable Dividend: 600577's dividend (2.8%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600577's dividend (2.8%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), 600577's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600577 is paying a dividend but the company has no free cash flows.